Home/Mortgage rates
Purchase mortgage

Buying? See every lender's rate before you see a branch.

Live purchase rates across 30+ Canadian lenders and broker channels — fixed and variable, insured and conventional. Set your scenario once and the whole market sorts itself by the number.

No email wallBroker-channel pricing
Quick payment estimateChange the inputs — the payment updates live
Est. monthly payment$3,197
Insured est., 25-yr amort. Illustrative only.Get real rates
Today's purchase rates

Featured 5-year rates, high-ratio insured.

LenderTypeRate
NBNestoDigital lender
5yr fixed4.09%Get this rate →
MCMCAPBroker channel
5yr fixed4.19%Get this rate →
TDTD BankBig Six
5yr fixed4.79%Get this rate →
RBRBCBig Six
5yr fixed4.84%Get this rate →
FNFirst NationalBroker channel
5yr var4.95%Get this rate →

Illustrative rates for well-qualified borrowers on insured high-ratio mortgages, refreshed on business days. Not an offer of credit. Your rate depends on your application, credit and property, and is set by the lender. Figures shown for comparison only.

How a purchase works here

Rate first. Broker second. No forms in between.

01

Set your scenario

Price, down payment, city and whether you’re insured or conventional. Takes under a minute, no account.

02

Compare the market

The full lender panel sorts by rate for your exact case — Big Six, monolines and broker channels together.

03

Lock it with a broker

Like a rate? A licensed broker confirms eligibility and submits it — paid by the lender, not by you.

Pre-approval, done right

Shopping seriously? Get pre-approved first.

A pre-approval locks a rate hold while you shop and tells you the ceiling you can actually offer at. A licensed broker sets it up across the market so you're not tied to one bank's number.

What a licensed mortgage professional does
  • Rate hold up to 120 days while you shop
  • Full lender panel, one application
  • Straight talk on what you qualify for
Purchase questions

Buying a home, answered

How much down payment do I actually need?
In Canada the minimum is 5% on the first $500,000 and 10% on the portion above, up to $1.5M. Under 20% down means an insured (high-ratio) mortgage with default insurance. Our affordability tool shows the minimum for your price.
What’s the stress test and does it still apply?
Lenders qualify you at the higher of your contract rate plus 2% or the benchmark rate. It’s designed to check you could handle a payment increase. A broker can tell you the qualifying income for the home you’re eyeing.
Fixed or variable for a purchase?
Neither is universally better — it depends on your tolerance for payment changes and your view on where rates go. Our fixed-vs-variable guide runs the break-even math in plain terms.
Can a broker really beat my bank’s rate?
Often, yes — brokers access monoline and broker-channel lenders that don’t have branches and price aggressively. But not always; sometimes your bank’s relationship offer wins, and a good broker will tell you so.